Sharfman and fernando 2008
WebbOne of the first papers studying the relationship between sustainability and cost of capital was by Sharfman and Fernando ( 2008 ). Drawing on risk mitigation theory, the authors … Webbwith high ESG scores carry lower credit risk (Sharfman and Fernando (2008), Goss and Roberts(2011), Chava(2014), Hasanetal.(2024), Hauptmann(2024)). Inaddition, Scatigna …
Sharfman and fernando 2008
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Webb, 2013; Lee and Faff, 2009; Oikonomou and Pavelin, 2014; Sharfman and Fernando, 2008). These studies have made the insurance hypothesis not only an empirical success; they … WebbSharfman and Fernando (2008) and El Ghoul et al. (2011) show that a good CSR performance decreases the cost of capital, because of a reduction of a firm’s risk and a …
WebbConducting a study of 267 US firms, Sharfman and Fernando (2008) found that financial markets reward firms for better environmental risk management. This reward comes … WebbOne of the first papers studying the relationship between sustainability and cost of capital was by Sharfman and Fernando ( 2008 ). Drawing on risk mitigation theory, the authors hypothesized that improved environmental risk management should lower a firm’s cost of debt and equity, and they found mixed results.
Webbthe recent financial crisis (2008-2009) on the relation between a firm's risk and social performance (SP) using a sample of non-financial U.S. firms covering the period 1991 … Webb10 apr. 2024 · The existing literature covers the analysis of the relationship between environmental issues and credit risk performance indicators, such as cost of equity (Sharfman and Fernando 2008), loan contract conditions (Nandy and Lodh 2012), cost of debt (Chava 2014) and credit spreads (Oikonomou et al. 2014), showing in all cases that …
Webbby Sharfman and Fernando (2008) and El Ghoul et al. (2011) which suggest that firms with a high level of CSP may enjoy a lower cost of capital. Their findings raise questions …
WebbD. Ramos-García et al. 1 Introduction The COVID pandemic, declared in January 2024, has led to an unprecedented reduc-tion in economic activity, which has consequently triggered a signiÞcant ... greencliff realty pty ltdWebb10 feb. 2024 · The resultant effect is that stock prices may diverge upward from their fair value (Sharfman and Fernando 2008). In line with this, Renneboog et al. provided … flow rate needed for tankless water heaterWebbCarbon emission disclosure does not affect on cost of equity capital, but the result did not support Sharfman and Fernando (2008) research. Tujuan penelitian ini adalah untuk … green climate companyWebbSharfman and Fernando (2008) and Heinkel et al. (2001) argue that ESG ratings might, in fact, affect the risk profile of firms by adding an extra-financial risk component to the … flow rate nm3/hWebbKruger (¨ 2015), Sharfman and Fernando (2008), and Statman and Glushkov (2009)). The KLD data provide information on corporate environmental, social, and governance … green climate finance of developing countriesWebb12 juni 2015 · Sharfman M. P., Fernando C. S. (2008). Environmental risk management and the cost of capital. Strategic Management Journal, 29, 569-592. Crossref. ISI. ... Mark P. … green climate finance covid 19 pandemicWebbInstitutional investors shun stocks with high environmental risk exposure, which we show have lower valuations, as predicted by risk management theory. These findings suggest … green climate investment conference